Tuesday, April 24, 2012

Cruising Seattle’s Lake Washington Emerald Coast

The northeast shoreline of Seattle on Lake Washington is known as the Emerald Coast of Seattle, the Emerald City. Seattle’s Lake Washington Emerald Coast neighborhoods are Madison Park, Harrison/Denny Blaine (commonly just “Denny-Blaine”) and Madrona. The Madison Park neighborhood includes the Seattle LW waterfront from the SR-520 Bridge to the north edge of the Seattle Tennis Club (p25 LW 130 Homes). Denny-Blaine is to the immediate south and includes the Seattle Tennis Club and the waterfront past the McCaw mansion on p38 of LW 130 Homes. Madrona is the next waterfront to the south. It includes Rob Glaser’s 3 lots and 2 mansions and the last (southern most) Seattle mansion in the book. That mansion belongs to Peter Rose and is on p40 of LW 130 Homes.
These are the prime Seattle neighborhoods. Before the floating bridges were built this was the area for the mansions of Seattle’s movers and shakers. Now the area is a diverse mix of old and new money along with some medium priced housing. There are many fantastic mansions, in addition to the shoreline, on the hills and surrounding the Broadmoor Golf Club. The Golf Club was founded in 1924 and overlooks Union Bay. The gated entrance to the Broadmoor Club and community is less than one mile from Madison Park’s waterfront park.
Madison Park (The Park)
Downtown Madison Park is one block inland
Madison Park pier/dock
Judge John J. McGilvra was the pioneer-founder of the Madison Park area in the 1860s when he acquired 420 acres in this area. A street is named after him. McGilvra built a road through forest from Seattle to his property and named it Madison Street after President James Madison. McGilvra set aside 24 acres for a public park at the end of Madison Street. The neighborhood was the home of “Madison Park” and assumed the same name.The Madison Park commercial district starts one block inland and covers about ten square blocks. It is an eclectic community of about 60 businesses including restaurants and coffee shops with sidewalk patio seating and various independently owned shops.
Reed Estate (left) and Washington Park Tower (right)
The 23 story Washington Park Tower is our landmark. It and the adjacent condos are to the immediate south of Madison Park (The Park). Washington Park Tower has 53 condominiums and was built in 1969. This is the highest residential building on Lake Washington.
At the Washington Park Tower Dock
The five waterfront homes south of here are in an exclusive gated community of nine homes. This is the 8 acre Reed Estate where Howard Schultz lives and where Gary Reed grew up. It was established in the early 1900s by Gary’s grandfather, Mark Edward Reed. It was that era’s version of the current Gates and Allen estates. It was subdivided in the 1940s into a private gated community of nine homes. The only homes here of the 1940s era are on LW 130 Homes pages 20 and 22. When the property was subdivided one of the mansions was cut into 3 pieces and barged to Mercer Island. It is the house on page 72 of LW 130 Homes and in the 2/16/12 post. The mansions (Schultz, Reed, Diamond, Alvord et al.) on Madison Park’s waterfront are featured in the 4/22/12 post.
Entrance gate to the Reed Estate nine home community
Mansion on Mercer Island that was barged from the Reed Estate
Denny-Blaine Waterfront with the Seattle Tennis Club in the foreground
Viewing Denny-Blaine in the spring
Denny-Blaine and Madrona have many fabulous old mansions with gorgeous grounds on the waterfront and on the hills above. Plus there are many newer modern mansions. The mansions (Ackerley, Horowitz, Ragen, Keister, Chesnut, Moll et al.) on north Denny Blaine’s waterfront are featured in the 4/20/12 post. The mansions (McCaw, Kurt Cobain, Blume, Robbins et al.) on south Denny Blaine’s waterfront are featured in the 4/19/12 post. The mansions (Glaser – Rose et al.) on Madrona’s waterfront are featured in the 4/14/12 post.
View from Denny-Blaine looking east
Rob Glasers Madrona 3 lot and 2 mansions compound
Where President Obama had lunch in 2010

(This is the third chapter [go to next chapter “Cruising NW Mercer Island”] of our “Lake Washington Cruising” series. The chapters are being posted in reverse order. When all chapters are posted they will be in order in this blog with the first chapter at the top. You can read and print an abbreviated pdf version of the entire series.)

Monday, April 23, 2012

Madison Park Waterfront Mansions

Schultz, Reed, Diamond, Alvord et al.
The 23 story Washington Park Tower is our landmark. The building has 53 condominiums and was built in 1969. This is the highest residential building on Lake Washington. It is very unlikely any more lake-front buildings close to this height will be built in the future because of zoning regulations. The residents enjoy incredible views. The three upper floors have two 2,200 sq ft, two bedroom units on each floor. The estimated value of each of these units is $2.2 million.
This mansion was featured in a Seattle Mansions 4/19/10 post. The listing price was $12.8 million. The home was purchased by Frederick Beau Gould and Julie Pigott Gould. Frederick is a Seattle attorney. Julie is active in numerous local charities with other members of the Pigott families. The former owners, Jack and Carol Briggs, were also active in charities and the home was featured as a wonderful site for many fund raisers. The home has a pool, two kitchens and three fireplaces. From the Ewing & Clark listing: “The home is wonderful for entertaining inside and outside. Inside there are large entertainment rooms with French craftsmen detailing. The outside features the pool, beautiful, well-maintained landscaping, sculptures and fountains.” The mansion has 7,470 sq ft of living space on 0.7 acres with 135 feet of waterfront.
This is the mansion of Howard D. and Sheri Schultz. Howard, his $21.7 million 2010 pay-package and the mansion were featured in a 11/3/11 Seattle Mansions post. Howard is the Founder, Chairman, President and CEO of Starbucks. The first Starbucks roasted and sold coffee beans and opened its first store in 1971. In 1985 Howard founded a new coffee and espresso company which, in 1987, acquired the original Starbucks’ assets and its name. Starbucks now has more than 15,000 stores throughout the world with $10 billion in annual sales. Howard was the lead investor of a group that purchased the Seattle SuperSonics of the NBA from Barry Ackerley in 2001 (4/15/12 Seattle Mansions post). Howard’s group sold the team to Oklahoma City in 2008. The mansion and the one in the previous paragraph are in an exclusive gated community of nine homes that are on the property of the Reed Estate. (More information on the Reed Estate and Gary Reed is in the next paragraph.) Howard drives through the Estate’s gate and then another gate to his property. His mansion and property, with 16,880 sq ft on 1.8 acres with 248 ft of waterfront, are the largest in the Estate's community.
William G. “Gary” Jr. and Victoria Reed moved from their Medina home (LW 130 Homes page 100) in 2009 to this mansion. The Reeds and their mansions were featured in two 10/1/10 Seattle Mansions posts. This first post features his former Medina mansion that he sold for $22 million and the second post features this mansion. The new mansion has 7,700 sq ft on 0.7 acres with 60 feet of waterfront. The 8 acre Reed Estate where Howard Schultz lives (see previous paragraph) is where Gary grew up. It was established in the early 1900s by his grandfather, Mark Edward Reed. It was that era’s version of the current Gates and Allen estates. It was subdivided in the 1940s into a private gated community of nine homes. The Seattle Times labeled Gary “the most powerful Seattle business leader you’ve likely never heard of.” He is or has been on the Boards of Microsoft, Paccar, Safeco, The Seattle Times Company and Washington Mutual. Mark Edward Reed who joined Simpson Logging in 1897 was named president after the company’s founder, Sol Simpson, died in 1906. The Reed family bought out the Simpson family and the company is now one of the largest private, family owned companies in the state. It is now Tacoma-based Simpson Investment Company. Gary served as Chairman from 1971 to 1996. Gary’s nephew, Colin Moseley, who lives in the neighboring Reed Estate, is now Chairman and the fourth generation of Reed/Moseley family management.
$6.7 Million Sale 10/16/10. The mansion was listed for $7.9 million by Wendy Lister, CBBain. From the listing: “Beverly Hills glamour at waters edge. A curving wall of glass captures the constant change of reflections of water and sky ~ every turn an adventure of extravagance used with great restraint. Exquisite details with powerful moments of drama. Lavish master suite ~ his and her salons. French doors in the guest house cabana open to the black bottom free form pool. Significant entree for strong art collectors. 120' frontage. Brilliant azure lake hues...Bellevue city skyscape...Cascade mountains.” The sellers (the home was custom built for the family) were Joel and Julie Diamond. Joel is Chairman and CEO of Diamond Parking and is the son of Josef Diamond who was known in Seattle as the father of self-serve parking lots. Diamond Parking, founded in 1922 by the Diamond family, is the world’s oldest parking company and operates over 1,000 locations throughout the western United States. The purchasers were Ellsworth C. and Eve Alvord. Ellsworth is with Morgan Stanley Dean Witter in their Seattle office. The Seattle Center Eve Alvord Theater is named after her. The Alvord family members are well known Seattle area philanthropists. The mansion is on page 23 and is 6,420 sq ft on 0.4 acres with 120 feet of waterfront. Ellsworth and Eve Alvord also own the mansion on LW 130 Homes page 26 that is about 0.2 miles south of here and three properties south of The Seattle Tennis Club.
The Seattle Tennis Club is just south of Madison Park in Denny-Blaine. The Seattle Tennis Club was founded a few blocks north of its present site as the Olympic Tennis Club in 1890. The name was changed to Seattle Tennis Club in 1896 and it moved to its current site in 1919. An $11.5 million renovation was completed in 1999. The club sits on 8 acres and offers its 3,000-plus members 19 tennis courts (including 6 indoor hard and 3 outdoor clay courts), a fitness center, squash courts, locker rooms, several dining rooms, banquet facilities, pool, beach, boathouse and pro shop. The club is popular for society wedding receptions. A non-equity membership is about $20,000 and monthly dues are about $250 plus a $100 per month dining minimum. There is a waiting list for memberships. Many members are the fourth generation of family members. This is the most expensive and prestigious tennis club in the PNW.

The tour of Seattle’s Emerald Coast waterfront mansions continues with north Denny-Blaine, south Denny-Blaine and Madrona posts.

Sunday, April 22, 2012

Blogs Seattle’s Lake Washington Waterfront – The Emerald Coast

My favorite blogs featuring Seattle’s Lake Washington Emerald Coast (Madison Park, Denny-Blaine and Madrona) are Madison Park Blogger and Seattle Waterfront Homes.
Madison Park Blogger is by Bryan Tagas. He posts articles about 10 times per month. From his 4/22/12 post: “Today marks the third anniversary of Madison Park Blogger. What began as something of a lark has morphed over time into a cross between a labor of love and a duty. My goal has been to provide Madison Park with a timely source of news and (very occasionally) commentary, about the things that impact this .9 square miles of lakeside turf that we are lucky enough to inhabit. I remain dedicated to that mission. . .” Bryan is a longtime Seattle corporate banker who is at heart a frustrated journalist. He graduated from Roosevelt High School and UW (where he served as editor of The Daily) and has been a Madison Park resident since 2002.
Seattle Waterfront Homes is by Sam DeBord. He posts articles about 15 times per month. From his 4/21/12 post: “Waterfront home sales in Seattle were up 57% from February to March, with the seasonal rise in sales being bolstered by an even stronger rise in home buyers’ confidence in the market. Eleven Seattle waterfront homes were sold last month, with the top prices reaching $1.5 million for a waterfront condo in Madison Park and $1.95 million for a waterfront home in Laurelhurst. . .” Sam is a Realtor and Managing Broker in the Northgate office of Coldwell Banker Danforth. He is a Puget Sound native, has a business degree from USC and has worked in the real estate industry, including technology/web development, for the majority of his life. He has been interviewed as an industry expert by such publications as The Wall Street Journal, Realtor Magazine, Money Magazine, and Seattle Homes and Lifestyles.

Saturday, April 21, 2012

Seattle Neighborhoods Lake Washington Waterfront – The Emerald Coast

Seattle’s Lake Washington Emerald Coast neighborhoods are Madison Park, Harrison/Denny Blaine (commonly just “Denny-Blaine”) and Madrona. The Madison Park neighborhood includes all the Seattle LW waterfront from the SR-520 Bridge to what would be the extension east of Prospect St (the north edge of the Seattle Tennis Club, p25 LW 130 Homes). Denny-Blaine is to the immediate south and includes the waterfront to Howell Pl, just south of Denny Blaine Park, Viretta (Kurt Cobain) Park, and the McCaw mansion on p38 of LW 130 Homes. Madrona is the next waterfront to the south. It includes Rob Glaser’s 3 lots and 2 mansions through the last LW 130 Homes Seattle mansion, Peter Rose’s on p40. The Leschi neighborhood is to the immediate south of Madrona.
The Seattle City Government web site is the basis for these boundaries. Some real estate sites, Google and Wikipedia have different definitions of the neighborhoods and boundaries. For example, some list a “Washington Park” neighborhood but the City does not list any neighborhood by this name. Wikipedia and Google define, but each differently, Washington Park as a small 5 acre neighborhood in central Denny-Blaine, with no waterfront, adjacent to the south end of Broadmoor Golf Club and the Washington Park Arboretum. Some real estate listings have some Madison Park and Denny-Blaine waterfront homes listed as being in Washington Park. Neighborhoods apparently don’t have “official” boundaries because I am told, by residents and Realtors, the city officials are not “official.” Realtors, residents and neighborhood associations like to say their homes are in the neighborhoods that they think are the most prestigious. They may be right.
People who don’t live in the area often refer to the entire Emerald Coast area as Madison Park (as I do in the above map) because it is the best known and has a business district.

Friday, April 20, 2012

North Denny-Blaine Waterfront Mansions

Ackerley, Horowitz, Ragen, Keister, Chesnut, Moll et al.
$6.4 Million For Sale. The listing agents are Betsy Terry and Jane Powers, Ewing & Clark: “Impeccable Olson Sundberg residence on the shores of Lake Washington in Washington Park. Glorious sunrises and moonrises from nearly every room through the numerous floor to ceiling windows. Tall ceilings, numerous art walls and niches, custom millwork throughout. Open concept floor plan and design for indoor/outdoor living. Level waterfront with terraces, level lawn, dock with boatlift, and professional landscaping. Expansive master suite with dual bath/closet and large balcony.” The property is owned by Juno Investments LLC whose agent is James Wishaar (Seattle Attorney) and member is Elizabeth Runde (President of Seattle based RB Hooper & Co, financial planners). The home is 4,000 sq ft on 0.15acres with 60 feet of waterfront.
$6.8 Million For Sale. The listing agent is Jane Powers, Ewing & Clark: “Glorious waterfront setting in Prime Washington Park location. Level parcel w/ outstanding views of Lake, Cascade Mountains, and Bellevue skyline. Original design by Harrison Overturf, complete 1999 remodel by Ralph Anderson. Floor to ceiling windows taking in the beautiful Lake vista. Gracious scale, open floor plan, front hall atrium. Private and expansive master bedroom suite, office, media room. Sound syst. 1999 dock w/ new boatlift. Fantastic opportunity to enjoy stunning Lake Washington!” The owner of the home is John Keister. He is a Co-Founder, with neighbor Russell Horowitz (page 31 and two paragraphs down), of Seattle based Marchex and Go2Net. He and Horowitz were top executives of the two companies and Bellevue based InfoSpace. The home is 4,101 sq ft on 0.17 acres with 60 feet of waterfront.
$9.6 Million Sale 12/28/09. This is the former home of Brooks Ragen (the seller) and the buyer is listed as an attorney acting as a trustee. This is one of Seattle’s fine old waterfront mansions, built in 1925, that has not been torn down for a modern home. Ragen co-founded Seattle-based Ragen Mackenzie Group, a full service brokerage firm. The firm grew to 300 employees with offices in Washington, California, Oregon and Alaska managing over $11 billion in assets when it was acquired by Wells Fargo in 2000. Nearly simultaneously Ragen left the firm and co-founded McAdams Wright Ragen in Seattle and the firm is now one of the region’s largest brokerage firms. The house is on page 30 and is 4,020 sq ft on 0.6 acres with 153 feet of waterfront.
This mansion was purchased for $20.0 million in 2000 by Russell C. Horowitz. Russell is a Co-Founder (with neighbor John Keister, two paragraphs up) of Seattle-based Marchex and Go2Net. Horowitz was Chairman and CEO of both companies. Marchex is a search and performance advertising company with products that are used by more than 70,000 advertisers nationally. Go2Net is a provider of online services to merchants and consumers. Go2Net was acquired in 2000 by Bellevue-based InfoSpace. Horowitz oversaw the successful completion of the merger and was President of InfoSpace until 2001. The mansion is on page 31 and is 7,010 sq ft on 2.4 acres with 60 feet of waterfront.
$3.7 Million Sale 6/14/11. The mansion was listed for $5.0 million ($9.6 million in 2009) by Betsy Terry, Ewing & Clark, “Idyllic waterfront home in prime neighborhood location. 1910 residence with gracious floor plan, elegant scale and classic detailing, such as covered terrace, french doors and windows, marble fireplaces, columns, cornice moldings, sconces and beamed ceilings. Gently sloping lawn to the waters edge and weeping willow tree. Dock with rare covered boat house and beach house with fireplace make for endless enjoyment of Lake Washington and all it has to offer.” The mansion was sold by Dr. Charles H. and Anna Chesnut to Alan McMillan. Dr. Chesnut is a prominent physician, specializing in nuclear medicine, metabolic bone disease and orthopedics with UW Medical Center. McMillan is VP of Engineering at International Telcom Ltd in Seattle. The mansion is on page 32 and is 7,990 sq ft on 0.4 acres with 63 feet of waterfront.
View From Dock
This is the former home of Barry and Ginger Ackerley. The mansion was purchased from the Ackerleys 6/11/2008 for $13.3 million by Dr. Frederic Hutchins Moll. The property was listed for sale for $15.0 Million in 2009 (Betsy Terry, Ewing & Clark) and later taken off the market. The property was featured in a 4/15/12 Seattle Mansions post. Barry Ackerley (1935-2011) is a former owner of the NBA Seattle SuperSonics. He was the founder and former Chairman/CEO of The Ackerley Group. The Ackerley Group owned television and radio stations that were purchased by Clear Channel Communications in 2001.Dr. Moll graduated from Seattle’s Lakeside HS and UW Medical School. He was a surgeon at Virginia Mason in Seattle and became a noted Silicon Valley medical device entrepreneur. The mansion is on page 33 of LW 130 Homes and has 6,580 sq ft on 0.46 acres. It is a prime lot on a point with 146 feet of waterfront and two docks, a tennis court and swimming pool.
The tour of Seattle’s Emerald Coast waterfront mansions continues with south Denny-Blaine and Madrona posts.

Thursday, April 19, 2012

South Denny-Blaine Waterfront Mansions

McCaw, Kurt Cobain, Blume, Boeing, Robbins et al.
Left (So) to Right (No) - K. McCaw, Blume, Tong/J. McCaw, Robbins
The mansion is on page 35 and is 7,060 sq ft on 0.8 acres with 120 feet of waterfront. This is the former home of Richard Robbins. The mansion was purchased 7/11/11 for $9 million by LD and LAI LLC whose members are Aileen Dong and Alice Shen. Robbins was President of Kent-based The Robbins Company from 1958 to 1993 when it was acquired by Sweden-based Atlas Copco AB. He is a famous engineer in the tunneling industry, he has received numerous awards and his and his company’s innovations have enabled projects such as the English Channel tunnel. The property was listed for sale for $10.8 million (Bob Bennion and Bob Deville, Windermere): “Exquisite 1932 Tudor Revival home with lake and mountain views, privately situated on .9+/- acre lot w/ beach house and 120' waterfront w/ dock. Available for first time in 40 years! Elegant dayrooms with pine-paneled walls; 2005 kitchen designed by Nils Finne and built by Schultz Miller; view terrace; 5 bedrooms; 5 baths; 4 fireplaces; office; rec room; wine cellar; 2-car garage. Beach house with kitchen, fireplace and 2 baths. Lovely grounds with sweeping lawns, mature plantings and tram.” More information is in a 4/18 Seattle Mansions post.
Up the hill above this and the next home, Kurt Cobain, a famous Seattle musician, rented a house in the 1990s. He committed suicide in the house’s greenhouse April 5, 1994 and afterwards the greenhouse was torn down. A bench in Viretta Park also just above and across the street from these homes, is host to a makeshift shrine to Kurt. Thousands of fans of the music of Cobain’s band, Nirvana, have come here to pay tribute and guidebooks list the (Viretta) park as the “Kurt Cobain Park.”
This is the former home of William E. Boeing Jr., son of the Boeing Company Founder. This is also the former home of John McCaw, Jr. He is the third born of the four famous McCaw brothers. He was Executive VP for McCaw cellular. John and his three brothers, Craig (3/2/11 post), Bruce (2/13/11 Seattle Mansions post) and Keith (2 paragraphs below), were pioneers in cellular communications. (The McCaw family story is on page 152 of LW 130 Homes). John now owns property in Seattle and numerous other areas along with a large luxury yacht. He has been a part-owner of the Vancouver Canucks NHL franchise and the Seattle Mariners where he was also a member of the Board. He had also been listed by Forbes as one of the wealthiest people in the world but has not been on its recent lists. This is now the home of Richard C. and Constance Tong. Richard is a founding partner, along with other former executives of Microsoft and McCaw, of Ignition Partners of Bellevue. Ignition started in 1999 and invests globally in emerging communications, Internet and software businesses and has become one of the largest venture-capital companies in the Northwest. Prior to starting Ignition he was with Microsoft for twelve years and was Vice President of Marketing for MS Office and BackOffice. The mansion is 10,390 sq ft on 0.7 acres with 100 feet of waterfront.
This home was built over a period of three plus years for Bruce and Anne Blume by Charter Construction. Bruce is a prominent commercial real estate developer. His firm, The Blume Co., is a major developer in the South Lake Union and University of Washington districts. He founded the company in 1982. The company owns 16 buildings on 10 acres in 6 centers. The centers are Yale Campus, 1100 Eastlake, Eastlake Center, University Center, 45th Street Place and Northlake Place. The mansion is 13,300 sq ft on 1.0 acres with 160 feet of waterfront. This is the former site of the Canadian Consulate. Blume acquired the property from Canada 1/18/05 for $7.8 million and, in 2006, demolished the consulate and started construction on the current mansion. The seller is listed as “Her Majesty Elizabeth II – Queen of Canada.” This is the way Canada lists its foreign properties but the Queen was never here. Some tours incorrectly tell their groups this was the site of the Seattle vacation home for the Queen. The Canadian Consulate is now located in downtown Seattle in the 30 story Century Square building at the corner of Pike and 4th Ave.
This was the home of Keith McCaw. Keith tragically died at home of natural causes in 2002 at the age of 49. Keith and his three brothers, Craig (3/2/11 post), Bruce (2/13/11 Seattle Mansions post) and John (2 paragraphs above), were pioneers in cellular communications. (The McCaw family story is on page 152 of LW 130 Homes). Keith had been listed by Forbes in its 2000 list as one of the wealthiest people in the world with a net worth of $1.6 billion. Earlier in the year of Keith’s death, the four McCaw brothers gave $20 million to rename the Seattle Opera House after their mother, Marion Oliver McCaw Garrison. The Keith and Mary Kay McCaw Family Foundation has given millions of dollars to Seattle area charitable, educational and artistic causes. Keith was survived by his wife, Mary Kay McCaw, and their two daughters. The mansion is 19,840 sq ft on 1.81 acres with 240 feet of waterfront.
The tour of Seattle’s Emerald Coast waterfront mansions continues with a Madrona post.

Saturday, April 14, 2012

Seattle Madrona Waterfront Mansions

Glaser – Rose et al. Madrona Mansions

$5.0 Million For Sale, Betsy Terry, Ewing & Clark, “Wonderful waterfront parcel with 70 feet of private beach, dock, thoughtful plantings, and large lot. Home is ready for a remodel or build your own dream home. Seller has plans for a Suyama residence. Choice in-city Lake Washington beachfront property.” The property is owned by Rob Glaser who owns this and the two properties to the south (next paragraph). This property is part of his three lot estate with this lot currently being used as a side yard and play area for the kids. There is a children’s play house on the lot. The lot is 0.3 acres with 70 feet of waterfront.
The major Seattle fund raiser for President Obama and U.S. Senator Patty Murray on August 17, 2010, was at the new 7,300 and 5,240 sq ft mansions of Rob and Cori Glaser. 60 prominent Democratic donors attended the $10,000 per late luncheon. Rob, a former Microsoft mega-millionaire, started RealNetworks in 1995. He recently retired from his CEO position at the company. RealNetworks produces music, video and other software for PCs, smart phones, and portable music players. Some of its best known products are RealPlayer and RealRhapsody. The 5,240 sq ft mansion on the left (south) was built in 1980 and had a major renovation completed in 2008 when the new 7,300 sq ft mansion on the right (north) was completed. The two mansions and the side yard to the north are on 0.6 acres with 220 feet of waterfront. The side yard is listed for sale (see previous paragraph). More information on Glaser and the fundraiser is in a Seattle Mansions 9/27/10 post.
This mansion was purchased 2/15/2008 for $15.8 Million. The mansion is on page 23 of LW 130 Homes. This is our southern-most Seattle LW Map of the Stars® mansion and is the home of Peter J. and Patricia Rose. Peter is the Chairman and CEO of Seattle based Expeditors International. The Puget Sound Business Journal named him “Executive of The Year” in 2004 and Barron’s named him one of the top thirty CEOs of 2008. Expeditors is one of the largest global logistics companies with over 250 worldwide locations. The mansion is 9,200 sq ft on 0.46 acres with 120 feet of waterfront. The original mansion was built in 1930 and extensively rebuilt in 2007.
Madrona Park marks the south end of Madrona. Next to the south is the Leschi neighborhood. Leschi has a nice marina with guest docking for two excellent waterfront restaurants, BluWater Bistro and Daniel’s Broiler. The BluWater is one of Bill Gates’ favorites. Further south are the two spans of the I-90 floating bridges. The vertical clearance for boats under the bridges is only about 30 feet. Taller ships can navigate under the East Channel I-90 Bridge, with about 70 feet vertical clearance, that connects Mercer Island to Bellevue.